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Franklin County R-II

Learn about the people, housing, costs and businesses in Franklin County R-II, Missouri

Median Home$218,762
Median Rent$877/month
Population10,760
Leading IndustriesTransportation · Public Administration · Healthcare4% transportation
Home Value Growth+10.4% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners75% of occupied units
NotableHighly Educated26% bachelor's · 14% graduate · top 14% nationally
NotableAffordable Market$219k median home · lower cost than 80% of the country
Franklin County R-II
MO

Explore Franklin County R-II

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Franklin County R-II?

As of today, the 30-year fixed mortgage rate for Franklin County R-II is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Franklin County R-II
What is the median home price in Franklin County R-II?

The median home value in Franklin County R-II is $219k. The median monthly rent is $877. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Franklin County R-II?

Home values in Franklin County R-II have increased 10.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Franklin County R-II?

Based on a typical all-in ownership cost of $875/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Franklin County R-II is $74k/year.

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What industries drive the economy in Franklin County R-II?

The largest employment sectors in Franklin County R-II are public administration (28%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.